Overview
- Oracle and BorderPlex, which announced Monday after the close that Project Jupiter will run on Bloom fuel cells, plan up to 2.45 gigawatts and expect about a 92% cut in emissions versus earlier gas and diesel plans.
- The New Mexico decision follows an expanded Oracle agreement this month that covers up to 2.8 gigawatts of Bloom systems, with 1.2 gigawatts already contracted and being installed at U.S. sites.
- BlackRock disclosed an 8.2% passive stake in Bloom through a regulatory filing, reporting more than 22.9 million Class A shares ahead of the earnings report.
- Markets want detail on how fast Bloom can build and hook up units, as reports disagree on backlog size and analysts flag supply, factory, and utility‑connection limits.
- Data‑center operators favor Bloom’s solid‑oxide fuel cells because they can be set up in weeks to a few months, with one Oracle system delivered in 55 days, which helps projects avoid long waits for new grid power.